Phil
-
Re: Political betting can get you into serious trouble – politicalbetting.com
I think you have missed my point: 100% relief on IHT for farmland may have been introduced in the 1980s, but the wealthy at that point could evade IHT by putting their assets into trust: they had no … (View Post)6 -
Re: Political betting can get you into serious trouble – politicalbetting.com
The UK was last self-sufficient in food around the mid 18th century. Up until the mid 19th we could feed outselves most of the time, but a poor harvest would have led to starvation without imports. S… (View Post)1 -
Re: Political betting can get you into serious trouble – politicalbetting.com
The rules on the taxation of trusts were changed in 2006. Look when farmland prices start to rocket: https://www.savills.co.uk/landing-pages/rural-land-values.aspx It seems plausible that pre 2006, t… (View Post)1 -
Re: Political betting can get you into serious trouble – politicalbetting.com
Unfortunately the net outcome of the IHT dodge has been to drive up the price of agricultural land even further out of reach of ordinary farmers. It seems to me that this is a classic case of subsidi… (View Post)2 -
Re: Political betting can get you into serious trouble – politicalbetting.com
Currently yes, but that is also being changed: the 100% relief from IHT on businesses is being reduced to 50% from April 2026: https://www.gov.uk/government/publications/agricultural-property-relief-… (View Post)2
